Enekwe, Chinedu and Nwoha, Chike and UDEH, Sergius Nwannebuike (2020) EFFECT OF AUDIT QUALITY ON FINANCIAL PERFORMANCE OF LISTED MANUFACTURING FIRMS IN NIGERIA (2006-2016). Advance Journal of Management, Accounting and Finance, 5 (1). pp. 1-12. ISSN 2364 – 4219
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Abstract
The study examined the effect of audit quality on financial performance of listed manufacturing firms in Nigeria from 2006-2016. The study specifically investigated the effects of auditor’s independence, audit committee and audit fee on return on assets of listed manufacturing firms. Ex- post facto research design was adopted for the study. Stratified purposive sampling technique was used to select 24 firms from the 80 listed manufacturing firms in Nigeria. Secondary data were gathered from the published annual financial statements of the companies. Ordinary Least Square method of regression was employed in the analysis of data. The study revealed that auditor’s independence has a positive and significant effect on financial performance of listed manufacturing firms, among others. It was concluded that attributes of audit quality influence financial performance of manufacturing firms in Nigeria.The study recommended, among other things, that auditor’s independence should be increased through improved internal control, integrity tests and adequate utilization of auditor’s experience in order to enhance financial performance of manufacturing firms.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences > HJ Public Finance |
| Divisions: | Faculty of Management and Social Sciences |
| Depositing User: | mrs chioma hannah |
| Date Deposited: | 03 Mar 2020 08:56 |
| Last Modified: | 03 Mar 2020 08:56 |
| URI: | http://eprints.gouni.edu.ng/id/eprint/2548 |
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